London Energy Prices

4 July 2011: DECC have just published their latest data sets on UK energy prices(PDF report and tables also available in spreadsheet format), which includes a regional breakdown of gas and electricity prices for domestic and non-domestic consumers. London’s statistics reveal that:

  • London ranks second lowest in terms of paying electricity bills by direct debit, hence missing out savings offered by suppliers, as direct debit payment typically attracts suppliers cheapest tariffs  (Table 2.4.2)
  • The average annual London electricity bill is £435 (which is also by coincedence the average for the UK). Bills are calculated assuming an annual consumption of 3,300 kWh (see Ofgem’s Typical Domestic Energy Consumption Figures factsheet for further information).  The question does arise whether such a consumption figure is suitable for London with its higher levels of flatted accommodation…If the consumption figure were lower, it is possible that electricity bills were actually higher for Londoners than reported by DECC
  • The average annual London gas bill is £687 (slightly above the UK average of £681). This based on an annual consumption of 18,000 kWh.
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